The one-pager outlines our analysis of how a “real cuts” plan compares with scenarios of a 2.5% rollback rate excluding debt and a 4% cap including debt. The current rollback rate is 8%, but it does not include local debt increases. Additionally, a tax ratification election on rates that exceed 8% can only be held after a rigorous petition process. This publication outlines the savings Texans could realize under a new plan of lowering the trigger and making a tax ratification election automatic.
Austin’s rising utility fees are taxes by another name
Rising utility bills are one of many factors exacerbating Austin’s well-documented affordability crisis. When Austin utility bills went up last winter, many residents probably didn’t even notice — mostly because the increase in fees was hidden by reductions in other costs. But here’s the truth: The city of Austin is squeezing its customers more than they know....